ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.

AI Glasses From Snap and Meta May Reshape How We Shop
AI Glasses From Snap and Meta May Reshape How We Shop
September 03, 2024  |  Artificial Intelligence

Snap and Meta may be poised to introduce advanced artificial intelligence-enabled glasses, potentially transforming eCommerce and brick-and-mortar retail experiences. The Information reported that Meta Platforms...

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AI Data Mining Uses Machine Learning to Glean Insights
AI Data Mining Uses Machine Learning to Glean Insights
September 03, 2024  |  artificial intelligence

In an era where data is often called the new oil, artificial intelligence (AI) is the tool extracting valuable insights from vast digital reserves. AI-powered...

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Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
Paycheck-to-Paycheck Shoppers May Demand More Deals Events This Fall
September 03, 2024  |  Retail

In the wake of the savings events rush of the summer, with seemingly every large merchant announcing some major discounting push, consumers are growing accustomed...

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Temu Parent Accumulates $38 Billion Cash Stockpile
Temu Parent Accumulates $38 Billion Cash Stockpile
September 01, 2024  |  eCommerce

PDD Holdings, owner of eCommerce firm Temu, is reportedly sitting on $38 billion in cash. That’s the largest cash position of any listed company that...

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Amazon Hits Reported Checkout Snag Amid Labor Day Sale
Amazon Hits Reported Checkout Snag Amid Labor Day Sale
September 01, 2024  |  Amazon

Amazon’s checkout reportedly suffered a technical issue as its Labor Day sale began. The glitch in the eCommerce site happened Friday (Aug. 30), preventing customers...

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Peloton’s Rebranding Falls Short in Changing Consumer Perception, Says CEO
Peloton’s Rebranding Falls Short in Changing Consumer Perception, Says CEO
August 30, 2024  |  Earnings

Despite Peloton’s rebranding effort launched in May 2023, executives acknowledged in the latest earnings call that the company’s expanded offerings and new identity have yet...

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What’s Next as California Signs Landmark AI Safety Bill
What’s Next as California Signs Landmark AI Safety Bill
August 30, 2024  |  artificial intelligence

California’s newly passed artificial intelligence (AI) safety bill could dramatically alter the landscape of AI development and deployment, with far-reaching implications for tech giants, eCommerce...

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Ulta Beauty Store Sales Hit by Increased Competition and Market Shifts
Ulta Beauty Store Sales Hit by Increased Competition and Market Shifts
August 30, 2024  |  Retail

Amid escalating competitive pressures, Ulta Beauty is facing a challenging retail environment that impacted its store performance in the second quarter, according to earnings results....

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Walmart and Amazon Turn to Fast Food to Sweeten Memberships
Walmart and Amazon Turn to Fast Food to Sweeten Memberships
August 29, 2024  |  Loyalty & Rewards

In recent months, retail giants Walmart and Amazon have been seizing on consumers’ demand for digital restaurant ordering to drive engagement with their paid memberships,...

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